CIBC Mellon announced Thursday two additions to its business development team that it says will further expand its pension and insurance services.
Stuart Plummer will take over as the executive director of business development for CIBC Mellon’s pension fund segment, and Colleen Coman, will serve as executive director of business development for its insurance segment.
Plummer has been with CIBC Mellon since 1997, working in pension product management. In his new role he will contribute to CIBC Mellon’s ongoing efforts to grow its market share in the pension segment, including relationship management of the pension consultant community.
Coman joined CIBC Mellon recently and will be take over responsibilities for expanding the company’s market share in the insurance segment
“CIBC Mellon has experienced significant growth and success supporting the complex needs of institutional investors,” says Barbara Barrow, vice-president of business development at CIBC Mellon. “I am confident that with Stuart and Colleen joining our team of experienced business professionals, we will continue to expand our presence in these key market segments.”